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FX.co ★ AUDCAD M5: Triple Top

AUDCAD M5: Triple Top

Triple TopThe Triple Top reversal pattern has formed on the AUDCAD M5 chart. Its upper boundary is at 0.9872/0.9869, its lower boundary is at 0.9856/0.9865, and its current width is 9 points. If the confirmation support at 0.9856 is broken, that width can be used to project the downward move.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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